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CRUDE Oil Bearish Gartley and Short Opportunity

CRUDE Oil Bearish Gartley and Short Opportunity


We have reached our second target:

As we mentioned in the original setup, we will wait for the breakout of fractal trendline.

Add short at the breakout of 55.80

Extended Target: 54.70


Original Setup: 

If the price moves above 56.40, we have 2 bearish patterns.

Bearish Gartley & Bearish White Swan

Setup for Bearish Harmonics:

Timeframe: M30

Trade: Short

Area of the Entry: 56.72-56.80

Stop: Above 57.03

Target 1: 56.40

Target 2: 56.00

Target 3: 55.70



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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

CRUDE OIL: Forecast:ınformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility


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Ercu Kartas

B.U Economy Treasury Department Dealer Fund Manager Technical Analyst FX Trader

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